Making Open Innovation Stick
The Business2Community website noted that the publication, in 2003, of Henry Chesbrough’s book “Open Innovation” spawned a movement that has since swept across the industrial landscape and changed forever how companies think about innovation. The ideas were not new. In some cases they date back to the 1960s to the work in inter-firm R&D
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Air France’s Open Innovation Approach Takes Off
The IdeaConnection website noted that despite the many advantages of tapping into the brain power of the crowd, some enterprises experience nothing but frustration. They throw out a challenge and receive a tidal wave of solutions from every Tom, Dick and Sally. So when Air France launched an open innovation
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American Heart Association Launches Open Innovation Challenge
The Crowdfund Insider website reported that the American Heart Association has launched its first Chicafo Open Innovation Challenge, a crowdsourced, crowdfunded and judged competition to uncover new innovative tools to prevent or manage heart disease and stroke. The top three finalists will receive grants
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Open to Innovation
The Financial Express website reported that the Mahindra Group launched India’s biggest innovation prize—the ‘Rise Prize’ which offers $1 million for ideas and innovations involving the ‘Mobility Challenge’, which invites solutions for driverless cars in India, and the Solar Challenge for
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6 Engineering Challenge Web Sites
The Machine Design website noted that not all engineering challenges are created equal. Some ask for solutions through new designs, a redesign, chemicals or materials, smart electronics, or with the use of existing patents to create a technology spin-off. Most of the time there is a monetary reward
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OI Challenge: Neurodegenerative Disease
The Imperial Innovations website reported that Stevenage Bioscience Catalyst and Manchester: Integrating Medicine and Innovative Technology have joined forces with the Academic Health Science Centre Technology Transfer Organisations across England to launch a new funding call: ‘Open
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A Social Brain Is a Smarter Brain
Bloomberg News reported that open innovation projects always present cognitive challenges, but they also force new, boundary-spanning human interactions and fresh perspective-taking. They require people to reach out to other people, and thus foster social interaction. Two recent studies underscore
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Desalination Open Innovation Challenge
The Ecopreneurist website reported that to spur innovation in seawater desalination, GE and Saudi Aramco have partnered on an open innovation challenge that seeks to use “innovative renewable energy processes or new materials” to significantly lower the cost of the process, and in so doing,
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Open Innovation and Crowdsourcing Help Find Asteroids and Planes
The Academic-Capital website reports that Open innovation and crowdsourcing are concepts that have taken the research and strategy gurus by storm. NASA and DigitalGlobe are using similar concepts to help solve problems such as finding a missing plane and developing better asteroid algorithms. Using and
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MIT OI Contest for Students to Find Clean Energy Solutions
The IdeaConnection website reported that the MIT Clean Energy Prize, a US-nationwide open innovation contest for graduate and undergraduate students to find the most innovative clean energy solutions, was awarded to Picasolar, a student start-up from the University of Arkansas who’ve developed
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